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Cameroon's telecommunications minister invites African companies to own Big Data

(Invest in Cameroon) - True "spearhead of the digital revolution". , according to Minette Libom Li Likeng, " data is now considered essential infrastructure for emerging economic activities ". Cameroon's Minister of Posts and Telecommunications was speaking on 3 December 2019 in Yaoundé, the country's capital, ...

Africa - 4.2% growth recorded by Cameroon in the first quarter of 2019

(Invest in Cameroon) - Cameroon's national accounts for the first quarter, published by the National Institute of Statistics (NSI), show an increase in gross domestic product (GDP) of 4.2%. "This performance stems from the dynamism of activities in the three sectors (manufacturing, secondary and tertiary)". , reads the document. ...

Since 2014, Cameroon has granted tax and customs exemptions to 157 projects

Investing in Cameroon - Since 2014, Cameroon has granted tax and customs exemptions to 157 projects with a total investment of FCFA 3 424 billion

The April 2013 law on incentives for private investment in the Republic of Cameroon, has already resulted in the signing of 157 agreements between the State of Cameroon and various promoters of investment projects in the country, reveals the Investment Promotion Agency (API). country, reveals the Investment Promotion Agency (API).

The total investments expected from the various agreements signed since 2014 are estimated at 3,424 billion CFA francs, with 55,000 direct jobs to be created, says the same source.

Recall that this law is intended to entice investors, it grants companies tax exemptions ranging from 5 to 10 years, both during installation and production.

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